Working at Sony (SNE) cant be very much fun at the moment, as the company on Friday announced another round of layoffs that will reduce its workforce by 2,000 employees by the end of the year. Sony said that roughly half of the layoffs are expected to be in support functions, including the headquarters of Sony in Japan. Sony first announced plans to cut its workforce by 10,000 this past spring, and over the summer the company cut 1,000 workers from its mobile division. The companys full press release is posted below.

Did the wheels ever fall off this company. They made just about the only GOOD Japanese stuff in the 60’s, and continue through the mid-80’s. They have been spiraling down for a long time. I repaired my brother’s Sony CD player a while ago, and it was as junky as everyone else’s.

3
posted on 10/26/2012 7:41:24 PM PDT
by The Antiyuppie
("When small men cast long shadows, then it is very late in the day.")

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